Our Data Sources
2, Ormesby Way, Spennymoor has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Ormesby Way, Spennymoor is in very good condition we estimate a sale value of £285,924 and a rental value of £1,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,247 and a rental value of £1,113 per month.
Plot Size
According to data from HM Land Registry, 2, Ormesby Way, Spennymoor sits on a plot of 389 m2.
We have plot size data on 16 out of 16 other houses in the postcode and 2, Ormesby Way, Spennymoor sits on the 2nd largest plot.
Energy Efficiency
2, Ormesby Way, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Ormesby Way, Spennymoor was last sold on 3rd December 2021 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped by 2.2%.
- Sold Dec 2021£340,000
- Sold Sep 2015£260,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 48 sales of properties similar to 2, Ormesby Way, Spennymoor within a radius of 910 metres over the last 2 years.
The most recent example is 3, Ormesby Way, Spennymoor, DL16 7FN, a freehold house which sold for £292,500 on the 25th November 2022.
Read more about house prices in DL16.
- Sold Nov 2022£292,500 | 4 Bed House3, Ormesby Way, Spennymoor, DL16 7FN3, Ormesby Way, Spennymoor, DL16 7FN
- Sold Nov 2016£215,000 | 4 Bed House1, Ormesby Way, Spennymoor, DL16 7FN1, Ormesby Way, Spennymoor, DL16 7FN
- Sold Jun 2015£279,995 | 5 Bed House36, Lotherton Drive, Spennymoor, DL16 7FE36, Lotherton Drive, Spennymoor, DL16 7FE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Ormesby Way, Spennymoor, DL16 has a total of 16 addresses. According to our analysis of all the public data, 2, Ormesby Way, Spennymoor is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in DL16.
More reading links
Schools Nearby
- Rosa Street Primary and Nursery Academy800 m away
- King Street Primary School1.1 km away
- Middlestone Moor Academy1.2 km away
- Whitworth Park Academy800 m away
- Ferryhill School3.4 km away
- Parkside Academy4.6 km away
More reading links
Public Transport Nearby
- Bishop Auckland|6.2 km away
- Shildon|8.4 km away
- Durham|9.0 km away
Available Internet Speeds
According to recent data from Ofcom, Ultrafast Broadband is available in this area.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
